Archive

Green and sustainability-linked loan round-up: Swire Properties, Adecoagro, Murra Wara II

Snam issues maiden €500m 'transition' bond after 'climate action' criticism

Italian energy infrastructure firm Snam has raised €500 million ($567 million) through its inaugural 'transition bond' to finance or refinance energy transition projects, just over a year after its 'climate action bond' attracted controversy.

Telenor signs €2bn sustainability-linked debt facility

Telenor has signed a €2 billion ($2.2 billion) sustainability-linked revolving credit facility (RCF) to refinance an existing credit facility.

Japan expands green bond guidelines to include loans

Japan has issued major revisions to its green bond guidelines for the first time since their publication in 2017, expanding them to include green and sustainability-linked loans.

HSBC named largest green, social and sustainability bond manager

HSBC became the largest green, social and sustainability (GSS) bond market underwriter in 2019, in a year marked by rapidly accelerating diversification of the market.

Santander criticised for investments in Polish coal expansion

Spanish banking giant Santander has faced criticism for its investment in Polish state-run energy group PGE and Energa Group.

Latest GCF meeting commits $266.9m across 10 projects

The Green Climate Fund (GCF) has agreed to invest $266.9 million in 10 more projects in emerging markets. Alongside co-financing, the commitments will see over $1.4 billion invested for low-emission, climate-resilient development.

Agriculture giant pens $750m sustainability-linked loan

Agricultural goods firm Louis Dreyfus Company (LDC) has tied the interest rate on a $750 million loan in North America to its performance on sustainability criteria, and plans to replicate this with existing loans in other markets.

Land of the rising green bond

After a year of stellar growth, what are the prospects of Japan's green bond market, asks Elena K. Johansson

Fossil fuel issuer of ‘climate action’ bond reignites Repsol debate

A ‘climate action bond’ issued by natural gas infrastructure company Snam has reignited a debate around whether there is a place at the green bond table for fossil fuel firms.